Common use of Revocable Clause in Contracts

Revocable. The Trust is a revocable trust. The power to revoke is held by the settlor(s)/trustor(s) named below. No settlor has died. Settlor/Trustor 1. and 2. q Irrevocable. The Trust is an irrevocable trust.

Revocable. The Trust is a revocable trust. The power to revoke is held by the settlor(s)/trustor(ssettler(s) named name below. No settlor has died. Settlor/Trustor Settlor 1. and Settlor 2. q Irrevocable. The Trust is an irrevocable trust.